Saud Ullah Butt

Senior Accountant/VAT Controller/Project Controller

Solution- focused professional with expertise in Project controlling, Finance & Accounting.

Mobile : +971-**-***-****

E-mail: ada6tj@r.postjobfree.com

Strengths

More Than Thirteen (14) Years of Work

Experience in GCC.

+ Business Processes & Controlling.

Audit, Risk Management & Claim Management.

Logistic & Supply chain.

P & L –Working capital- cash flow management

Project Management. (Basic PM@Siemens)

Project Contracts / Sub-Contracts

Cost Controlling-Budget Alignment Abilities.

IFRS and US GAAP Compliance

Executive leadership & supervision skills.

Strong Administration & Communication skill.

SAP Expert.

Enrolled as a ACCA Student (Foundation)

(Exam in June-2019)

Senior Industry Business Administrator, Steinbeis Hochschule, Berlin- Germany (In-House-Siemens, KSA) One-year diploma

Dec-2019

June-2008

Bachelor of Commerce, Punjab University, Lahore- Pakistan

Aug-1997

Senior Accountant/VAT Controller/ – Lavajet & N.B.H.H,

(Municipality Al Ain U.A.E)

Engaged in the business of Solid Waste Management.

Senior Accountant - Heritage Homes L.L.C, Dubai Sheikh Zaid Road UAE

Engaged in the business of Real Estate

Senior Accountant- Bohemia Crystal, Airport Road Dubai, UAE

Engaged in the business of Warehousing & Showrooms.

Dec 2014 – Present

Dec 2012 – Nov 2014

May 2011 – Nov 2012

Business Admin Team Leader- Siemens Limited, Saudi Arabia

A leading global multinational Engineering company.

June 2002 –Sep 2009

Finance Accountant- Glamour Heights (Pvt) Ltd., Lahore, Pakistan Sep-1999 – May 2000

Engaged in the business of construction.

Trainee Student/Auditor, Kamran & Co. Chartered Accountants, July 1998 – July 1999

Lahore, Pakistan.

As an Senior Accountant/VAT Controller in LAVAJET & N.B.H.H:

Responsible for general accounting functions and the preparation of reports and statistics,

Reflecting earnings, profits, cash balances, balance sheet reconciliations and other

Financial results.

Manage the working capital of the entity by ensuring timely receivables actions,

Expediting vendor payables in a manner beneficial to the entity and in a socially responsible,

Manner whilst keeping tight control of inventory levels.

Interact with the department heads to resolve budget issues and financial needs monitor

all financial transactions in order to ensure purchasing activities comply with agreed, budgets

And highlight deviations from budgets.

• Functioning as the head of the team for preparing the tax returns.

• Conducting accurate calculations, backed-up with due documentation, and be able to submit

VAT refund claims.

• Coordinate periodic VAT reporting with support of business operations and Company indirect,

Tax.

• Timely response to queries from tax authorities, including local VAT audit.

• Reporting and calculation of VAT risk assessment and precautionary measures.

• Preparation of monthly vendor’s ageing report.

Monthly fixed asset register record updating, adjustments/Addition and entries.

Assisting with Managers for the preparation and review of Final Accounts in compliance,

With IAS & IFRS.

Preparation of monthly Projected Cash Flow for management decision.

Preparations of monthly sale invoice and follow up.

Keeping the record for recurring entries on monthly basis.

Bank & Vendor/Customer reconciliations.

Successfully provide the solution of cost saving for the vehicle’s repair cost in specific,

Area by own execution which save approx. AED200,000/- for the company.

Successfully re-designed and upgraded the company owned/rented vehicles monthly,

Reporting procedure for the effective cost measures (e.g. spare parts & maintenance cost)

Successfully streamlined the process of inventories/ Stock Taking.

Preparation & Negotiation of sub-Contract Agreements of the supplier.

Assistance HR in preparation of employee’s end of service indemnities and payments.

Arrangement and assistance in staff payroll and release of funds, entries/adjustments.

Conducting & assisting internal & external audit, fulfilling the requirement for the desire records &

Documents complying the financial data with the implementation of IFRS.

As an Senior Accountant in HERITAGE HOMES L.L.C:

Responsible for Journal entries of Cash receipt, Payment, Voucher, Bank’s Vouchers & JV’s.

Preparation of monthly Projected Cash Flow for management decision.

Preparation and review of Final Accounts in compliance with IAS & IFRS.

Preparation of Account Payable/Receivable reconciliation.

Preparation of monthly employee’s payroll as per WPS and online salaries transfer in a bank.

Monthly review of financial reports and necessary action for the adjustments.

Keeping record for existing tenants and their updated record of the expiration of tenancy contracts.

.

As an Senior Accountant in BOHEMIA CRYSTAL:

Establish and implemented internal control (e.g. IAS compliance) throughout the company

In order to maintain integrity and accuracy of financial reports.

Designed the monthly closing process including segmental reporting as per IAS; redesigned

And upgraded the fixed asset and depreciation process.

Streamlined the accounting process such as Journal entries, Payment, Voucher, Bank

Vouchers and the timely entries in the system.

Preparation and review of Final Accounts in compliance with IAS & IFRS.

Preparation of monthly Bank reconciliation statement.

Streamlined the process of inventories/ Stock Taking.

Responsible for issuance of L.P.O’s & Sales Orders

Monthly review of financial reports and necessary action for the adjustments.

Responsible for posting of suppliers’ invoices and payments. (A/P)

Follow up of incoming shipments and close coordination with Forward Agent and custom.

Preparing Monthly Payment Schedule and ensuring timely payments to creditors.

Preparation of cash flow statement on a Monthly basis.

Fixed asset accounting, preparing depreciation & prepaid expenses schedules.

As a Business Admin Team Leader in SIEMENS LIMITED(Saudi Arabia)

-Responsible for controlling long term Turnkey projects of worth over SAR.300mio’

as follows:

-Percentage of completion (POC), -Completed Contract Method Projects (CCM)

-Product Business., -Services Orders.

During my working in Siemens Ltd KSA, I had successfully achieved & improved the project

Margin by 50% Via claim management & Risk management implementation.

Achieved annual saving by 2million by implementing cost controlling techniques for

The On- going Projects.

Mapped business objectives and strategic goals for the department through a series of

Meetings with Project Manager’s and team delivered a balanced scorecard and establish

It as a regular reporting tool.

Successfully negotiated the contract commercial clauses by communicating and delivering

The interest and mutual benefits of both the parties.

Following are the tasks under my area of responsibility:

Responsible for Profit/Cost center of the department.

Cost controlling & improvement in margins of assigned projects.

Budgeting/Forecasting.

Monthly & quarterly closing.

Orders booking through SAP PS Module.

Development of Work Break Down Structure in SAP.

Preparation & regular updating the Project’s forecast or KPIs.

Monitoring of Cash Flows & Currency Hedging.

Review of relevant/ non relevant costs for POC accounting.

Coordination of monthly sales booking and timely revenue recognition

Mid Term Calculation for transparent business results and for audit purposes.

Preparation of contract Agreement for sub-contractor & Suppliers.

Coordination with supply chain for RFQ’s and issuance of Purchase orders.

Improvement for quality of budget and forecast figures.

Internal, / External CFA audit compliance / processes.

Dealing with Logistic department and forwarding agent for the clearance of incoming shipments for the project’s as well keeping the track of all the project related shipment delivery dates

With the suppliers.

Risk / Claim Management techniques & implementations.

Support in commercial offer preparation.

Dealing with Banks / Customers, LC's.

Project’s Erection All Risk Insurance (EAR) with coordination of technical manager.

Reporting of monthly project's result to Management & analysis of forecast Cash in/out flow.

Keeping track of contract clauses provisions till completion.

Project billing as per contract clauses and milestones.

Project negotiation with international customers and meetings (Italy, Germany, China,

UAE) together with sales team.

As a Finance accountant in GLAMOUR HEIGHTS:

Book keeping, preparation of cash book, General Ledger, Trial Balance up to financial statements &

Reporting to management.

As a Trainee Student/Auditor in KAMRAN & CO. Chartered Accountants

During my training period I have worked internal control assignments in compliance with IAS & IFRS,

Standards.

Senior Industry Business Administrator Diploma (26, June-2007 till 11, June-2008)

Risk Management in Projects, Techniques and Methods of Risk Management,

Claim Management, Project Management (PM@ Siemens), Business Processes and Controlling.

SAP (ERP) System covering SD Modules, MM Modules, CO (Controlling & Reporting). Further add

On Synergy +. Training to new staff of SAP PS Modules as follows:

- Creation of Project Builders with consideration of Project BOQ & Work break down structure.

- Creation of Sales Order in SD Module as well confirmation in a monthly reporting for new orders.

- Creation of Material as per product hierarchy.

- Creation of purchase orders with relation to BOQ & PR.

- Provide solution for different queries to staff during daily business transactions.

- Quick Book, Excel including (V LOOK UP & Pivot Tables) Word, Power point, and Internet & E-mail applications.

Nationality

:

Pakistani

Date of Birth

:

20th Jan 1976

Visa Status

:

Employment Visa

Driving License

Marital Status

:

UAE

Married

Languages

:

English, Urdu & Arabic

PROFILE SUMMARY

Senior Accountant/ Project Accountant//VAT Controller with Fifteen (15) years of work experience in diversified industries demonstrating expertise in project controlling, finance & accounting. Possess significant leadership experience in delivering strategic direction to Business Processes, Controlling and Project management. Well versed in Implementing & using SAP PS Module ERP Systems, Quick Book soft wares.

EDUCATIONAL QUALIFICATIONS

EMPLOYMENT HISTORY

Proven Job Role

TRAININGS & COURSES

IT SKILLS

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